Packaging Adhesives Market - Size, Share, Trends, and Forecast, 2022 - 2028

Packaging Adhesives Market - Size, Share, Trends, and Forecast, 2022 - 2028

Adhesives are used in packaging materials such as corrugated boards, cartons, winding of cardboard tubes, sealing of cases and bags, and adhesion of labels. Growing demand for adhesives from the packaging industry is driving growth of the global packaging adhesive market. According to the Fibre Box Association (FBA), corrugated packaging produced by average corrugator plant was 1,010 million square feet of combined board in 2016, compared to 968 million square feet in 2015 in North America. Increasing production of corrugated packaging is increasing demand for packaging adhesives which in turn is driving growth of this market.
Market Dynamics
By technology, water-based packaging adhesives are gaining traction in the market, owing to its low toxicity and low cost. Hot melt adhesives segment held significant market share in the global packaging adhesive market in 2017. This is attributed to advantages of hot melt adhesives such as adhesion by cooling and its ability of flowing into gaps and joining of ill-fitting surfaces.
By region, Asia Pacific held largest market share in 2017 due to significant demand from China, India, South Korea, and Japan. Increasing demand for packaging materials from various industries such as automotive, electrical and chemical, and food and beverages in the region is aiding in growth of this market. According to India Brand Equity Foundation, Department of Commerce, Government of India, the food processing industry in India is projected to reach US$ 482 billion by 2020 from US$ 258 billion in 2015.
Key features of the study:

This report provides in-depth analysis of packaging adhesives and provides market size (US$ Billion and Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global packaging adhesives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study includes, Henkel AG & Company, KGaA, 3M Company, Paramelt B.V., H.B. Fuller Company, Bostik SA, Avery Dennison Corporation, Sika AG, Wacker Chemie AG, Ashland Inc., Dymax Corporation, DowDuPont Inc., and Huntsman Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global packaging adhesives market report caters to various stakeholders in this industry including investors, suppliers, packaging adhesives manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the packaging adhesives market

Detailed Segmentation:

Global Packaging Adhesives Market, By Technology:

Water-based
Solvent-based
Hot Melt
Others

Global Packaging Adhesives Market, By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Global Packaging Adhesives Market, By Geography:

North America

U.S.

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Canada

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Europe

U.K.

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Germany

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Italy

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

France

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Russia

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Rest of Europe

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Asia Pacific

China

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

India

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Japan

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

ASEAN

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Australia

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

South Korea

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Rest of Asia Pacific

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Latin America

Brazil

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Mexico

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Rest of Latin America

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Middle East

GCC

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Israel

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Rest of Middle East

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Africa

Northern Africa

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Central Africa

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

South Africa

By Technology:

Water-based
Solvent-based
Hot Melt
Others

By Application:

Corrugated Packaging
Labeling
Flexible Packaging
Case & Carton
Folding Cartons
Specialty Packaging
Others

Company Profiles

Henkel AG & Company, KGaA*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

3M Company
Paramelt B.V.
H.B. Fuller Company
Bostik SA
Avery Dennison Corporation
Sika AG
Wacker Chemie AG
Ashland Inc.
Dymax Corporation
DowDuPont Inc.
Huntsman Corporation

“*” marked represents similar segmentation in other categories in the respective section.